3 Social Security Changes Retirees Need to Know About in 2025
Without Social Security, millions of Americans would be living below the poverty line. With it, many don't -- even though the average monthly retirement benefit of $1,975 (as of December) is not all that huge. It works out to about $23,700 annually.Fortunately, Social Security does undergo some changes from year to year, including nearly annual increases in benefits. There are also some things you can do to make your future benefits bigger. Let's dive in.Image source: Getty Images.Continue reading
Without Social Security, millions of Americans would be living below the poverty line. With it, many don't -- even though the average monthly retirement benefit of $1,975 (as of December) is not all that huge. It works out to about $23,700 annually.
Fortunately, Social Security does undergo some changes from year to year, including nearly annual increases in benefits. There are also some things you can do to make your future benefits bigger. Let's dive in.
Image source: Getty Images.
